Cramer Quick Take: ConAgra Tops the Food Stocks

NEW YORK (TheStreet) -- Investors looking to invest in food stocks should look no further than ConAgra (CAG) , Jim Cramer told Debra Borchardt at TheStreet.com Thursday.

Cramer said that ConAgra's move to acquire Ralcorp (RAH) gives it key exposure to the red-hot private-label market and, with CAG's s huge yield, is not done going higher and could see $35 a share.

Beyond ConAgra, Cramer said he's also bullish on B&G Foods (BGS) , which also has a good yield, along with Heinz (HNZ) , McCormick (MKC) , Hershey (HSY) and Kellogg (K) on the heels of its acquisition of Pringles.